Rallybio Operating Income vs Net Income From Continuing Ops Analysis

RLYB Stock  USD 1.12  0.03  2.75%   
Rallybio Corp financial indicator trend analysis is much more than just breaking down Rallybio Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rallybio Corp is a good investment. Please check the relationship between Rallybio Corp Operating Income and its Net Income From Continuing Ops accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rallybio Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Rallybio Stock refer to our How to Trade Rallybio Stock guide.

Operating Income vs Net Income From Continuing Ops

Operating Income vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rallybio Corp Operating Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have totally related.
The correlation between Rallybio Corp's Operating Income and Net Income From Continuing Ops is 1.0. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Rallybio Corp, assuming nothing else is changed. The correlation between historical values of Rallybio Corp's Operating Income and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Rallybio Corp are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Operating Income i.e., Rallybio Corp's Operating Income and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Income

Operating Income is the amount of profit realized from Rallybio Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Rallybio Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income From Continuing Ops

Most indicators from Rallybio Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rallybio Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rallybio Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Rallybio Stock refer to our How to Trade Rallybio Stock guide.The current year's Tax Provision is expected to grow to 1,208, whereas Selling General Administrative is forecasted to decline to about 18.8 M.
 2021 2022 2023 2024 (projected)
Interest Income54K2.0M5.8M6.1M
Net Interest Income44K2.0M5.8M6.1M

Rallybio Corp fundamental ratios Correlations

0.870.870.83-0.970.80.86-0.72-0.750.30.720.741.00.34-0.060.550.85-0.020.83-0.360.831.01.0-0.220.910.74
0.871.00.89-0.870.910.99-0.32-0.910.190.320.640.860.57-0.370.510.97-0.320.89-0.620.990.870.86-0.50.860.96
0.871.00.85-0.890.880.98-0.32-0.910.280.320.590.860.57-0.30.460.95-0.250.85-0.670.980.870.86-0.430.840.94
0.830.890.85-0.760.930.91-0.44-0.77-0.180.440.90.820.39-0.590.70.95-0.551.0-0.230.910.830.82-0.70.920.85
-0.97-0.87-0.89-0.76-0.81-0.830.650.82-0.38-0.65-0.64-0.97-0.520.01-0.58-0.86-0.04-0.760.44-0.83-0.97-0.970.16-0.91-0.79
0.80.910.880.93-0.810.89-0.3-0.93-0.160.290.820.790.66-0.590.750.96-0.550.94-0.330.920.80.8-0.710.920.94
0.860.990.980.91-0.830.89-0.33-0.850.160.330.670.850.43-0.40.440.95-0.360.91-0.610.980.860.85-0.530.830.91
-0.72-0.32-0.32-0.440.65-0.3-0.330.15-0.28-1.0-0.58-0.740.14-0.33-0.44-0.38-0.35-0.45-0.22-0.27-0.72-0.74-0.22-0.63-0.16
-0.75-0.91-0.91-0.770.82-0.93-0.850.15-0.08-0.14-0.57-0.74-0.830.42-0.62-0.910.37-0.770.57-0.91-0.75-0.740.54-0.82-0.96
0.30.190.28-0.18-0.38-0.160.16-0.28-0.080.28-0.40.310.00.79-0.380.020.81-0.18-0.620.110.30.30.720.00.05
0.720.320.320.44-0.650.290.33-1.0-0.140.280.580.73-0.140.330.440.380.350.450.220.270.720.730.230.630.16
0.740.640.590.9-0.640.820.67-0.58-0.57-0.40.580.730.23-0.560.790.76-0.530.90.170.660.740.74-0.650.860.61
1.00.860.860.82-0.970.790.85-0.74-0.740.310.730.730.34-0.040.550.840.00.82-0.350.811.01.0-0.20.910.73
0.340.570.570.39-0.520.660.430.14-0.830.0-0.140.230.34-0.330.620.61-0.30.39-0.380.590.340.33-0.40.540.76
-0.06-0.37-0.3-0.590.01-0.59-0.4-0.330.420.790.33-0.56-0.04-0.33-0.46-0.481.0-0.59-0.04-0.45-0.06-0.050.99-0.33-0.5
0.550.510.460.7-0.580.750.44-0.44-0.62-0.380.440.790.550.62-0.460.69-0.440.70.250.550.540.54-0.550.820.63
0.850.970.950.95-0.860.960.95-0.38-0.910.020.380.760.840.61-0.480.69-0.430.95-0.440.980.850.85-0.610.940.97
-0.02-0.32-0.25-0.55-0.04-0.55-0.36-0.350.370.810.35-0.530.0-0.31.0-0.44-0.43-0.55-0.08-0.41-0.01-0.010.98-0.29-0.46
0.830.890.851.0-0.760.940.91-0.45-0.77-0.180.450.90.820.39-0.590.70.95-0.55-0.230.910.830.83-0.70.920.85
-0.36-0.62-0.67-0.230.44-0.33-0.61-0.220.57-0.620.220.17-0.35-0.38-0.040.25-0.44-0.08-0.23-0.59-0.36-0.350.03-0.18-0.57
0.830.990.980.91-0.830.920.98-0.27-0.910.110.270.660.810.59-0.450.550.98-0.410.91-0.590.830.82-0.580.860.97
1.00.870.870.83-0.970.80.86-0.72-0.750.30.720.741.00.34-0.060.540.85-0.010.83-0.360.831.0-0.210.910.74
1.00.860.860.82-0.970.80.85-0.74-0.740.30.730.741.00.33-0.050.540.85-0.010.83-0.350.821.0-0.20.910.73
-0.22-0.5-0.43-0.70.16-0.71-0.53-0.220.540.720.23-0.65-0.2-0.40.99-0.55-0.610.98-0.70.03-0.58-0.21-0.2-0.47-0.62
0.910.860.840.92-0.910.920.83-0.63-0.820.00.630.860.910.54-0.330.820.94-0.290.92-0.180.860.910.91-0.470.84
0.740.960.940.85-0.790.940.91-0.16-0.960.050.160.610.730.76-0.50.630.97-0.460.85-0.570.970.740.73-0.620.84
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Rallybio Corp Account Relationship Matchups

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Rallybio Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rallybio Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rallybio Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rallybio Corp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rallybio Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Rallybio Stock refer to our How to Trade Rallybio Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rallybio Corp. If investors know Rallybio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rallybio Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.79)
Revenue Per Share
0.007
Return On Assets
(0.39)
Return On Equity
(0.67)
The market value of Rallybio Corp is measured differently than its book value, which is the value of Rallybio that is recorded on the company's balance sheet. Investors also form their own opinion of Rallybio Corp's value that differs from its market value or its book value, called intrinsic value, which is Rallybio Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rallybio Corp's market value can be influenced by many factors that don't directly affect Rallybio Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rallybio Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rallybio Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rallybio Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.